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Low Gas Has Pushed Ethereum’s Burn Rate to a 12-Month Low

Low Gas Has Pushed Ethereum’s Burn Rate to a 12-Month Low

CointimeCointime2024/06/24 00:10
By:Cointime

According to data from The Block, low gas has pushed Ethereum's burn rate to its lowest point in 12 months. According to data from ultrasound.money, due to the low burn rate, Ethereum currently has slight inflation, with a seven-day average supply growth rate of 0.56% per year.

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